Release date: 4 August 2004
Promoter – Financial Intermediary
Régie Autonome Intercommunale de Distribution d’Eau et d’Electricité de Fès (R.A.D.E.E.F.)Location
Description
The project consists of the construction of a wastewater treatment plant with a capacity of 1.5 million equivalent inhabitants for the city of Fès, along with interceptors and pumping stations connecting the plant to sewerage networks under construction with World Bank financial support.
Objectives
The project represents an opportunity to resolve substantially the serious problem of (mainly industrial) pollution, which has a highly adverse environmental impact and prevents the adequate management of aquiferous resources in the Sebou basin.
The project has mainly environmental objectives.
Comments
Sanitation in the city of Fès.
Sector(s)
Proposed EIB finance (Approximate amount)
Loan of up to EUR 40m from the Bank’s own resources under the EUROMED II Mandate with maximum interest subsidy of 3% from the MEDA II budget.
Total cost (Approximate amount)
Around EUR 80m.
Environmental aspects
An environmental impact assessment (EIA) has been carried out for the project. Its conclusions and proposed mitigating measures are under discussion and will be closely examined during the appraisal.
Procurement
The different components of the project will put out to public tender in accordance with the EIB’s Guide to Procurement, with publication in the OJEU where required.
Status
Signed - 15/12/2004
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).